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Why Nokia Stock Popped on Wednesday
The Motley Fool· 2025-09-04 17:57
Group 1 - Nokia's stock rose by 4% after being selected to build a next-generation wholesale open-access fiber network in Superior, Wisconsin [1][3] - The project, named ConnectSuperior, aims to provide broadband access to 26,000 underserved residents, with Nokia supplying its fiber and IP solutions [3][4] - The financial details regarding the project's cost, potential revenue for Nokia, and profitability remain undisclosed [4][5] Group 2 - Nokia's market capitalization increased by nearly $1 billion following the announcement, but the justification for this rise is questioned due to lack of project specifics [5] - Currently, Nokia has a market valuation of approximately $25 billion, with trailing-12-month free cash flow of over $1.7 billion and a dividend yield of 3.7% [6] - Analysts predict that Nokia's free cash flow is expected to grow by over 20% next year, suggesting that the stock may be a buy if profit growth meets or exceeds 10% [6]
Nokia selected by the City of Superior for new fiber network in Wisconsin
GlobeNewswire News Room· 2025-09-04 14:00
Core Viewpoint - Nokia has been selected by the City of Superior to provide fiber and IP solutions for a new fiber-optic network aimed at delivering broadband access to every home and business in the area [1][8]. Group 1: Project Overview - The City of Superior will own and operate a wholesale open-access fiber network that will serve 26,000 currently underserved residents [2]. - Nokia will collaborate with technology integrators dMCA/LightSpeed and ePlus to deploy the network [2]. Group 2: Technology and Infrastructure - Nokia's fiber and IP technology will deliver carrier-grade performance and ultra-fast internet access, addressing the growing demand for enhanced broadband services [3]. - The network is designed to support a range of PON technologies, including XGS, 25G, and future 50G PON, providing flexibility for specific business needs [3][8]. - Nokia will implement its cloud-native Altiplano Open Access platform to facilitate neutral-host network sharing for fiber-to-the-home [4]. Group 3: Economic and Community Impact - High-speed broadband is expected to drive economic growth and enhance opportunities in education, healthcare, remote work, and local innovation [6]. - The fiber solution aims to create a reliable, future-proof network with virtually unlimited bandwidth capacity [6]. Group 4: Vendor Selection and Partnership - The City of Superior selected Nokia through a rigorous RFI process, highlighting their engagement and dedication as partners in the project [5].
Nokia selected by City of Elberton to modernize broadband network and move from cable to 25G future
Globenewswire· 2025-06-03 14:00
Core Insights - The City of Elberton has selected Nokia to modernize its broadband network, transitioning from an aging hybrid fiber-coaxial system to a next-generation 25G PON-ready fiber network [1][11] - The initiative aims to enhance connectivity for over 10,000 households, providing faster, scalable, and more reliable broadband services [1][2][11] Company and Technology - Nokia's fiber and IP solutions will enable the deployment of a multi-gigabit internet network, reflecting the city's commitment to modernizing its broadband infrastructure [2][3] - The new network will support a range of PON technologies, including XGS, 25G, and 50G PON, allowing Elberton to optimize its network according to specific needs [4][11] - ZCorum, a partner of Nokia, will assist in the deployment and ongoing support of the technology, ensuring a smooth transition and sustained performance [5][6] Community Impact - The upgraded network is expected to significantly improve connectivity, facilitating advancements in education, healthcare, remote work, and local innovation [9][11] - City officials emphasize that this transformation marks a new digital chapter for Elberton, enhancing the community's overall quality of life [9][11]